Test. Bank accounts

Before proceeding to the solution of examples and problems be sure to read the theoretical part of the lesson 

Bank accounns

 1. Pat has £56 in her account. Her bank will charge her £30 if she goes overdrawn. She pays out two cheques, one of £39.19 and another of £27. How much will she now owe the bank?

 а)  £41.13;      
 b)  £40.19;     

 c)  £40.17;      
 d)  £9.19.

 2. Zak’s bank has agreed that he may go up to £50 overdrawn without paying a penalty. If he breaks the agreement, he will have to pay a £35 charge. Zak has £32 in his account. He makes payments of £28, £16.29 and £34.96. How much will Zak now owe the bank?

 а)  £47.25;      
 b)  £49.25;     

 c)  £47.55;      
 d)  £45.25.

 3. Chloe has the same agreement with her bank as Zak in Question 2. Chloe has £93 in her account. She makes payments of £61.14, £73.06 and £25.32. How much will Chloe now owe the bank?

 а)  £116.54;      
 b)  £118.58;     

 c)  £118.52;      
 d)  £116.52.

 4. Lara has £.128.16 in her bank account. She makes payments of £17.11, £32.68 and £41.23. What is the biggest cheque she could now pay out without going overdrawn?

 а)  £38.16;      
 b)  £35.24;     

 c)  £37.14;      
 d)  £39.14.

Colin sends the following cheque to has phone company.

By looking at the cheque earlier in this section, write down:

 5. The sort code.

 а)  32718425;     

 b)  17-26-19;     

 c)  417327;     

 d)  www.sb.co.uk.

 6. The bank account number.

 а)  17-26-19;     

 b)  www.sb.co.uk;     

 c)  32718425;     

 d)  417327.

 7. The website address for the bank.

 а)  www.sb.co.uk;     

 b)  417327;     

 c)  32718425;     

 d)  17-26-19.

 8. The cheque number.

 а)  www.sb.co.uk;     

 b)  32718425;     

 c)  17-26-19;     

 d)  417327.

 9. The bank will not cast this cheque. Explain why.

 а)  ;      
 b)  the amount in figures and words do not agree;     

 c)  ;      
 d)  the amount in figures and words agree.

10. For Questions

write down the correct amount of money for each box above.

 а)  £355.15;      
 b)  £353.15;     

 c)  £353.25;      
 d)  £357.55.

11. For Questions

write down the correct amount of money for each box above.

 а)  £1042.92;     

 b)  £1044.88;     

 c)  £1046.98;     

 d)  £1044.98.

12. For Questions

write down the correct amount of money for each box above.

 а)  £1016.34;     

 b)  £1012.34;     

 c)  £1016.44;     

 d)  £1018.54.

13. For Questions

write down the correct amount of money for each box above.

 а)  £128.40;      
 b)  £120.60;     

 c)  £125.60;      
 d)  £125.80.

14. For Questions

write down the correct amount of money for each box above.

 а)  £783.39;     

 b)  £785.29;     

 c)  £787.29;     

 d)  £785.27.

15. For Questions

write down the correct amount of money for each box above.

 а)  £65;      
 b)  £75;     

 c)  £80;      
 d)  £60.

16. For Questions

write down the correct amount of money for each box above.

 а)  £809.13;     

 b)  £803.03;     

 c)  £807.05;     

 d)  £807.03.

17. For Questions

write down the correct amount of money for each box above.

 а)  £787.08;      
 b)  £785.02;     

 c)  £785.08;      
 d)  £783.14.

18. For Questions

write down the correct amount of money for each box above.

 а)  £783.08;      
 b)  £785.08;     

 c)  £785.06;      
 d)  £787.28.

19. Explain what ‘DD’ shows on a bank statement.

 а)  money taken to pay bills;     

 b)  money put into account;     

 c)  amount overdrawn (owed to bank);     

 d)  money taken out from a cash machine.

20. Explain what ‘ATM’ shows on a bank statement.

 а)  money put into account;     

 b)  amount overdrawn (owed to bank);     

 c)  money taken out from a cash machine;     

 d)  money taken to pay bills.

21. Explain what ‘D’ shows on a bank statement.

 а)  amount overdrawn (owed to bank);     

 b)  money taken out from a cash machine;     

 c)  money taken to pay bills;     

 d)  money put into account.